Sector Update: Tech

12:50 PM EDT, 10/26/2026 (MT Newswires) -- Tech stocks were higher Monday afternoon, with the State Street Technology Select Sector SPDR ETF (XLK) rising 1.6% and the State Street SPDR S&P Semiconductor ETF (XSD) adding 2%. The Philadelphia Semiconductor index climbed 2.9%. In sector news, Anthropic on Monday filed with the US Securities and Exchange Commission for an IPO of Class A common stock on the Nasdaq Global Select Market under the symbol "ANT." In corporate news, Meta Platforms (META) said Monday it launched about $35 billion in stock offerings and plans a separate $60 billion at-the-market share sale program in 2027 as part of a financing plan to support its AI investments and other corporate purposes. Meta shares were 0.1% higher.